INDIA
Snubbed by NDA, BJP's key UP ally readies Bihar polls showdown: 'Will contest 153 seats'
The party maintains that contesting elections is key to its expansion plans and claims its solo foray in the Bihar elections would "damage the BJP and its NDA allies".
INDIA
Karnataka govt under lens over 'world record' for free women’s bus travel; BJP questions award’s authenticity
Karnataka CM Siddaramaiah posted on X, on October 16, images of certificates claiming ‘world records’ for the highest number of women availing free travel tickets in Karnataka and of KSRTC as the most award-winning road transport corporation.
BUSINESS
Midwest's Rs 451-cr IPO gets subscribed nearly 88 times on Day 3; check latest GMP
The quota for non-institutional investors garnered 100 times subscription while the category for Retail Individual Investors (RIIs) got subscribed 16.74 times
INDIA
Who is Rivaba Jadeja, sworn in as minister in Gujarat’s 26-member Cabinet
Rivaba Ravindrasinh Jadeja, wife of cricketer Ravindra Jadeja, represents the Jamnagar North constituency in the Gujarat Legislative Assembly as a BJP MLA
INDIA
Gujarat Cabinet expansion: Full list of ministers
The new Cabinet retains three outgoing ministers and inducts 19 new faces, including BJP MLA Rivaba Jadeja, wife of cricketer Ravindra Jadeja.
BUSINESS
IndusInd Bank clarifies Rs 255-crore accounting lapse already disclosed
Moneycontrol on October 16 has reported that 'a certain entry amounting to Rs 250 crore requires attention'. Sources said that these entries may pertain to 2016, a year after the treasury derivatives desk was started.
INDIA
Goyal says India not desperate to clinch trade deals: 'Days of negotiating from position of weakness gone'
Goyal said the goal of becoming a developed nation by 2047 is “only a medium-term target” and not a goal in itself
BUSINESS
Reliance Industries Q2 Results Highlights: Net profit rises 14% to Rs 22,092 crore, EBITDA up 15%
Reliance Industries Q2 Results: The Mukesh Ambani-led conglomerate's EBITDA rose 15% YoY to Rs 50,367 crore in Q2 FY26
BUSINESS
Eternal Q2 results impact: Shares fall 2.5% as brokerages 'disappointed' with margins
In a letter to shareholders, Eternal said it expects 'a slow uptick in growth rate in the near term' for the food delivery net order value (NOV) for Zomato due to multiple headwinds
COMPANIES
SpiceJet launches special flights to holy city of Najaf in Iraq from Mumbai, Ahmedabad
With the launch of these flights, SpiceJet will be the only Indian airline to run flights to Najaf, proving a 'seamless travel experience', the company said
BUSINESS
From renewables to AI and SMEs: Madhusudan Kela on where he senses opportunity now
In this special Diwali Blockbuster series, veteran investor Madhusudan Kela, Founder, MK Ventures decodes the current market sentiment across asset classes— and explains why he is still a die-hard fan of equities
TECHNOLOGY
'Enjoy the spice...': After Nara Lokesh’s jibe, Priyank Kharge's retort
Karnataka IT Minister Priyank Kharge and Andhra Pradesh IT Minister Nara Lokesh have often been at loggerheads, with the latter wooing investors and startups from Bengaluru to Andhra. The spat intensified after Google’s $15-billion investment in Visakhapatnam.
BUSINESS
Bank Nifty rises 0.7% to hit new record high ahead of HDFC, ICICI Bank Q2 results
The sectoral index rose over 200 points to hit a new high of 57,651 on October 17; it climbed 10,000 points from the lows it hit in March 2025
BANKING
City Union Bank announces recruitment for MD and CEO Role; Applications open till Nov 7
Candidates must meet regulatory requirements, with no pending vigilance cases or adverse observations from the RBI
INDIA
AIMIM leader's feast descends into chaos, videos of 'biryani rush' go viral: Watch
Alam, who filed his nomination papers at the Kishanganj Sub-Divisional Officer’s office, is contesting to retain his seat for a fifth term. Before the nomination, a prayer ceremony was held at his residence where biryani was served to attendees.
BUSINESS
Priyank Kharge welcomes Snabbit, says govt committed to building infra to support innovation
As reported by Moneycontrol, Snabbit moved from Mumbai to Bengaluru’s Koramangala
INDIA
Bihar Election 2025 Live Updates: NDA going to form govt with the biggest majority, says Amit Shah
Election will be held in Bihar in two phases on November 6 and 11, with the counting of votes to take place on November 14
INDIA
India's largest fighter aircraft plant at Nashik enters indigenous era; LCA Mk1A set for maiden flight
Defence Minister Rajnath Singh is scheduled to oversee the first public flight of the locally manufactured LCA Mk1A from Nashik today, marking a symbolic end to six decades of reliance on imported combat jets
INDIA
CBI arrests Punjab DIG for taking bribe: Rs 5 crore in cash, luxury cars, 40 litres of imported alcohol and more seized
The CBI recently received a written complaint submitted by a scrap dealer called Akash Batta. According to him, the DIG had been threatening him to implicate him in a fabricated case unless he paid Rs 8 lakh as an initial bribe.
INDIA
Markets open marginally lower; IT, Eternal stocks slide
Global cues drag equities lower as IT and select stocks extend losses; cautious trading advised amid volatility.
BUSINESS
Silver rate today on Oct 17: Dhanteras, Diwali rush fuel glittering rally, silver crosses Rs 2 lakh/kg mark in Hyderabad - See silver prices city list
Silver rate today on Oct 17: Silver has outpaced gold this year, surging nearly 87% in 2025, driven by many of the same macroeconomic factors boosting gold.
BUSINESS
Will The Pre-Diwali Nifty Rally Rage On Amid Weak Global Cues? RIL Q2 in Focus | Opening Bell Live
Bulls held firm on Dalal Street for yet another session, pushing the Nifty 50 one percent higher on October 16 — its highest close since June. The rally was backed by strong technical and momentum indicators, reflecting a clear pre-Diwali celebration mood among investors. Experts believe the index could soon retest this year’s high of 25,669, and possibly march toward 26,000 — a crucial resistance level before the record peak. On the downside, 25,400–25,300 remains a key support zone. However, global cues this morning are subdued, with Wall Street ending lower amid concerns over regional banks’ lending practices. The GIFT Nifty too is trading in the red. Plenty of stock action ahead — Infosys, Wipro, and LTIMindtree will react to their quarterly earnings, while Reliance Industries is set to announce its Q2 report card today. Catch Nandita Khemka in conversation with Raja Venkatraman, Co-Founder of Neo Trader, on Opening Bell Live. And in our special segment, “Dhamakedar Diwali Stocks,” Siddarth Bhamre, Institutional Research Head at Asit C Mehta Investment Intermediates, shares his top three stock picks for Samvat 2082.
STARTUP
Zepto expands ESOP pool by $170 million to over $500 million
The move comes on the heels of the company’s $450 million Series H funding round, first reported by Moneycontrol, which values Zepto at $7 billion, up from $5 billion last year.
BUSINESS
Weak global cues may weigh on Nifty, Sensex; key levels to watch on October 17
The GIFT Nifty indicates a muted start for Dalal Street on October 17, as weak cues from Wall Street and Asian markets are likely to dampen sentiment.
